login
login

Europe Daily Bulletin No. 10933

2 October 2013
Contents Publication in full By article 15 / 43
ECONOMY - FINANCE - BUSINESS / (ae) banking
Enria says too much wriggle room would hinder EBA's role as mediator

Brussels, 01/10/2013 (Agence Europe) - The European Banking Authority (EBA) is concerned about the impact on its mediation work of the high degree of flexibility granted in some financial legislation, such as the bank resolution system currently under negotiation.

“The degree of national flexibility in key legislative provisions can be very detrimental to achievement of the objectives assigned to the EBA; for example, it is very difficult for us to perform mediation in the area of recovery...

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
SOCIAL AFFAIRS
EXTERNAL ACTION
COUNCIL OF EUROPE
BUSINESS NEWS NO 76